ASX trades flat ahead of US rate cut
The ASX 200 traded slightly down ahead of a major decision by the US Federal Reserve, just after the market hit a four-day high.
The ASX 200 traded slightly down ahead of a major decision by the US Federal Reserve, just after the market hit a four-day high.
The ASX 200 has continued to suffer major headaches amid falling iron ore prices – with the market falling to a fresh four-week low.
The RBA’s slow response to the post-Covid economic boom is to blame for Australians paying more on their mortgage today, a consulting firm has found.
A sharp sell-off in materials and utilities dragged the Aussie sharemarket into the red – marking its worst week in four months.
A leading mining figure has delivered a dark speech warning that Australians will need to “do more, move faster and work harder” to maintain prosperity.
Australian economic prospects have rarely been more bleak – and fears are growing that the dollar is headed for an almighty fall.
The Australian sharemarket has fallen just days after cracking a record high 8500 points in a broad market sell-off on Wednesday.
Australia’s sharemarket cracked a fresh record high on Tuesday, on the back of renewed economic confidence.
Australia’s leading business body has just ranked the best and worst states and territories for commerce and a surprising state has come out on top.
Australia’s sharemarket has started the last month of the year with a strong day of trading, as new retail data was surprisingly good.
The Australian sharemarket trimmed during Friday’s trading as investors took stock of later than anticipated rate cuts.
The Australian sharemarket cracked a fresh record high on Thursday on the back of a surge in the big banks and healthcare stocks.
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